Awarded contract

External Advisor on Valuations

Details

Value
£675,000
Duration
3 years
Topic
Financial and insurance services
Published
20 November 2025

Tender description

Lot 1: External Advisor on Valuations The scope of the contract as as a minimum included the following: Preparation of a report to DESNZ summarising the independent valuation, on which the department may be able to place reliance, and that may (i) be used to support internal investment decisions and (ii) also, as necessary, be provided to the CMA. Further update to this report following outcomes of negotiations with suppliers of the Small Modular Reactor Technology Selection Process will be required. Where considered appropriate, expert evidence - should any litigation arise - in a Competition Appeal Tribunal or other equivalent formal dispute.

Timeline

  1. Completed: Award date21 June 2024
  2. Completed: Award published20 November 2025
    Current notice
  3. Next: Contract expiry date11 June 2027in 7 months

About the buyer

The Department for Energy Security and Net Zero buys as a central government body, with its own commercial directorate. Common goods and services are bought through Government Commercial Agency frameworks. A small business action plan runs from 2025 to 2028.

Pipeline notices give an 18-month forward look at planned opportunities.

Over the past 5 years, most of the Department for Energy Security and Net Zero's contract awards have been in research and development, business services and IT services.

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Decision makers

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